Qatari Diar Estimates Rail System Price Tag at 17 Billion EUR

Posted on 11/22/2009


Qatari Diar Real Estate Investment Co. and German state-owned rail operator Deutsche Bahn AG formed Qatar Railways Development Co. Qatari Diar owns 51% of the rail company with Deutsche Bahn holding the remaining ownership interests. Qatari Diar is a unit of the Qatar Investment Authority (QIA). The Qatar government expects the building of a railway […]

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